Tax Law News. Crime Stories, Law on News and Legal Publications in November, 2011

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Colts hope to regain their confidence in three-game homestand
WSBT-TVNovember 1, 2011

Those are, and have been, the watch words for a highly successful Colts franchise over the years. Now, the same franchise is struggling along with an 0-8 record at the midway point of the season. The Colts are one of two NFL franchises still without a ...more »

Time Warner Trims Its Excesses
New York TimesNovember 1, 2011

To him, the company's corporate headquarters in the gleaming towers of the Time Warner Center is an “indulgence,” a giant reminder of past mistakes made by one of the world's largest media companies. “There was a burgeoning overhead reaching $500 ...more »

Tax Law News and Stories

Audit Defence
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Unearthing hidden bank accounts
Business Recorder (blog)November 17, 2011

They can either agree to let the Swiss tax authorities have their account information and pass it on the IRS, or they can hire a lawyer in Switzerland and fight the process. Switzerland is currently trying to strike a deal with the US to cover its ...more »

Irs Filing & Compliance
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Walton Management Services to Present on Tax Incentives during Upcoming IRS...
PR Web (press release)November 7, 2011

Walton Management Services, Inc., will provide tax incentive strategies that can improve a company's financial performance and reduce its effective tax rate, during the IRS Compliance Regulatory Tax and Accounts Payable Conference on November 8, 2011. ...more »

Business Audit Defence
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Mark seeks sack of MDAs chiefs over default in audit reports
The Nation NewspaperNovember 3, 2011

He said it was unacceptable that an agency of government created and funded by government should deliberately refuse to submit its audited account as required by law. Committee Chairman Senator Ahmed Lawan said many Federal Government statutory ...more »

Personal Irs Disputes
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'75 testimony shows bitter, cynical Nixon
San Antonio ExpressNovember 12, 2011

At one point, as he denied that his White House had engaged in anything out of the ordinary, he spoke with grudging admiration of what he said were the hardball tactics used against him by the Kennedy White House, asserting it had directed the IRS and ...more »

Property Taxes
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Governor signs bill that creates program to reward disabled-friendly construction
Virgin Islands Daily NewsNovember 11, 2011

Shawn-Michael Malone, is the product of years of work by local advocacy groups, including AARP of the Virgin Islands, the Disability Rights Center of the Virgin Islands, the Association for Independent Living, the University of the Virgin Islands ...more »

Corporate Income Taxes
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Group opposes tax initiative
Springfield News-LeaderNovember 2, 2011

The Coalition for Missouri's Future is registered with the Internal Revenue Service as a 501(C)(4), which refers to the chapter of federal law regarding nonprofit organizations. Groups with that designation aren't subject to as stringent disclosure ...more »

Sales Tax & Use Tax
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Mall owner forces a fight over online sales tax and Amazon.com
Indianapolis StarNovember 4, 2011

Amazon has often demanded exemption from sales tax collection laws in states where it developed new warehouses -- though that position has softened recently. The company has argued that it shouldn't be subject to a patchwork of state tax laws and that ...more »

Estate Taxes & Gift Taxes
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Labor muted amid Greens joy on passage of carbon tax legislation
The AustralianNovember 8, 2011

Greens senators congratulate each other after the government's carbon tax bills pass parliament's upper house. Picture: Ray Strange Source: The Australian The carbon tax is set to become law later today when it passes through the senate. ...more »

Tax Evasion Defence
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Ex-UBS Client Werdiger Gets 1-Year Term on Tax Charges
BusinessWeekNovember 10, 2011

Richard Werdiger, 64, is one of 36 Americans charged since 2007 in a US crackdown on offshore tax evasion, and his was the longest prison term by a day. Werdiger, who pleaded guilty in March in federal court in New York, yesterday paid a civil penalty ...more »

International Taxation
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Taxsoftware.com Offers First Heavy HGWY Tax iPhone App
PR Newswire (press release)November 1, 2011

After months of wait, the Excise Tax Law passed both the House and the Senate and was signed by the President. It extends the Heavy Vehicle Usage Tax until September 30, 2012. A full year Form 2290 for the tax period of July 1, 2011 through June 30, ...more »

Tax Planning
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Somers budget plan boosts tax rate but stays under levy cap
The Journal News | LoHud.comNovember 5, 2011

The proposed $12.6 million spending plan, up from the nearly $12.4 million budget for 2011, would, however, increase the tax rate by more than 11 percent. It calls for cuts in planning and police departments, and abolishing the town's Conservation ...more »

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